The move from Peet's comes as Starbucks is making significant investment to stave off competition from upscale, independent coffee shops, such as Stumptown Coffee Roasters and Intelligentsia Coffee. Peet's owns Stumptown and has a majority stake in Intelligentsia. Peet's Chief Executive Dave Burwick told Reuters the new plant will create 135 new jobs and support the company's expanding business, which includes operating cafes and selling packaged coffee via grocery stores.